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Re: sjratty post# 23526

Thursday, 05/08/2003 2:43:43 AM

Thursday, May 08, 2003 2:43:43 AM

Post# of 432659
sjratty, I think the lack of responses to your poll of expected earnings for Q1 2003 is not too surprising. The exact number for any one quarter is irrelevant for a number of reasons. Even with GAAP rules IDCC has a wide amount of latitude when it comes to which quarter the revenues are recorded in. IDCC has a long history of reporting great earnings one or two quarters, getting everyones hopes up, only to see those revenues fall off sharply in the following quarters. The only thing that matter is the recurring royalty stream and without significant new licenses, that royalty stream will be coming to an end over the next few years.

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